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2022-12-31-accounts

Annual report for the year en
31December 2022
ded ded
Contents Pages
Legal and administrative
information
Report ofthe trustees 2 3
Statement oftrustees' responsibilities
Independent
auditors' report
5 7
Statement offinancial activities
Balance sheet
Notes tothe financial statements

Note 2022
8
2021f
Income from:
Course and Residential Fees 32,458 6,6o9
Shop sales
Grants
»715
3)000
341
11,000
Donations 16,933 1o,986
Grant from Presbyterian Church ofWales 128,768 97503
Sundry income 4,716 17,978
Total 187~590 144&417
Expenditure
on:
Courses 2 170)520 128,712
Costs ofgenerating funds:
Shop costs 2&275 500
Total 17»795 129,212
Net income 14&795 15~205
Reconciliation offunds:
Total funds brought forward 226,356 211,151
Total funds carried forward 24»151 226,356

Balance sheet as at31Decem ber 20 22
2022 2021
Note
Fixed assets
Tangible assets 86&990 28&636
Current assets
Stock 2,o68 1,838
Debtors and Prepayments 1,067 527
Short term deposits 120,000 160,000
Cash atbank and in hand 82,810 7o,o86
205,945 232,451
Creditors: amounts faBing due within one
year
Owed toThe Presbyterian Church ofWales 48,6o7 31&914
Sundry creditors and accruals 3&177 2,817
51,784 34731
Net current assets 154&161 197,720
Total assets less current liabilities 241,151 226&356
Total funds 241,151 226,356

Support costs
2022 2021f
Finance and administration staff costs 19,338 19&027
Office costs 24&414 19&456
Depreciation 28,681 27&190
72,433 65,673


3iDecember
3
Staffcosts
202
2

2022f 2021f
Wages and salaries 45&192 44,629
Social security costs 3&153 2,938
48,345 47,567
There were no employees with emoluments above f6o,ooo (2o22 nil)
2022 2021
Number Number
The average number ofemployees during the year was asfollows.

costs were met by the Presbyterian
totaled fail (2o21:fnil).
Tangible assets
Church ofWale s and were for tra vel and subsistence and
Furniture,
Motor
vehicles
Property
Improvements
Fittings and
Equipment
Total
Cost
At 1January 2022 12&590 556,64o 84,383 653,613
Additions ~80 ~80
At31December 2o22 12,590 556,64o 171418 740,648
Accumulated
Depreciation
AttJanuary2022
Charge foryear
12,590 529&234
26576
83,153
2,105
624,977
28,681
At31December 2022 12&590 555,810 85,258 653,658
Net book value
at31December 2022
~80 8616o ~86
o
At31December 2021 27&406 1,230 28,636